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CoinDesk Podcast Network

THE HASH: Binance to Re-Enter Japan in August; DeFi Daily Volume Dwindles to 7-Month Lows

CoinDesk Podcast Network

CoinDesk

Business News, Daily News, News, Tech News

4.7698 Ratings

🗓️ 26 July 2023

⏱️ 23 minutes

🧾️ Download transcript

Summary

The most valuable crypto stories for Wednesday, July 26, 2023. "The Hash" discusses some of the biggest stories of the day, including Binance planning to introduce its full service in Japan in August. This comes as the crypto exchange is withdrawing a license application in Germany. Nigeria is changing its eNaira model to encourage more use of its CBDC. Venture capital firm a16z is selling a part of its investment in crypto lender MakerDAO's MKR governance tokens. And, Sunday marked the lowest daily volume across DeFi since the turn of the year. See also: Binance to Reenter Japan in August 2 Years After Regulator's Warning Binance Withdraws German Crypto License Application Binance Says It Intends to File Motion to Dismiss CFTC Complaint Nigeria Is Altering eNaira Model to Promote Use of the Digital Currency: Central Bank DeFi Daily Volume Dwindles to 7-Month Lows as Sector Endures Downswing Italy’s Central Bank Taps Polygon, Fireblocks DeFi Project to Help Institutions Dabble With Tokenized Assets This episode has been edited by senior producer Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.” See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0

This is the HASH podcast. Stay informed with the latest on Bitcoin, ETH, The Metaverse, Web3, and more.

0:15.7

All on the hash for your ears. You're listening to the Coin Desk Podcast Network.

0:23.2

Hello and welcome to the hash on Coin Desk TV and the Coin Desk podcast Network.

0:29.1

We are here to bring you the latest and greatest in Crypto News for the day.

0:33.6

I'm Jen Snessy.

0:34.6

We've got Danny Nelson on the show today.

0:36.5

We've got Will Foxley.

0:39.1

How are you guys doing?

0:41.0

Happy Wednesday.

0:42.2

Happy Wednesday.

0:43.5

Okay.

0:43.8

Well, I can see you guys are very, very happy on this Wednesday.

0:47.3

Let's talk about some news then, shall we?

0:49.5

Finance.

0:50.1

Some big news coming out of finance.

0:51.6

They plan to reenter Japan in August. This is made possible by the

0:56.1

exchanges purchase of regulated exchange, Secura Exchange, Bitcoin, all while the firm withdraws its German

1:03.6

crypto license application. I feel like finance has been doing a little bit of a regulatory

1:09.4

dance in which countries they're

1:11.9

deciding to operate in and which ones they are deciding to pull out from.

1:16.1

I can take it if that's okay.

1:17.5

We're seeing Binance pulling out of the German market or rather stopping its attempt

...

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